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New IPO: Astro Malaysia Holdings

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The Return of a Pay TV Giant!!! Astro Malaysia Holdings (AMH) is poised to list on Bursa's Main Market on 19th Oct with a market cap of RM15.6bil . The largest pay-TV operator in Malaysia has a de factor monopoly, commanding a 99% market share. Are you excited, again? Background AMH is the leading media entertainment group in Malaysia with 3,100,000 customers and one of the largest in South East Asia. It is primarily engaged in the creation, aggregation and distribution of content over multiple delivery platforms including TV, radio, publications and digital media within Malaysia. What's the different from the then delisted entity? Recall that Astro All Asia Networks (AAAN) was the one taken private in 2010 by its single largest shareholder Astro Holdisngs SB. Meanwhile, AMH is effectively the domestic media business arm of previously-listed AAAN. How good was Astro Malaysia Holdings? A monopoly in the pay TV segment with 99% market share A capital intensive industry, creates ...

The Preview of YTL Comms vs Astro

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A lot of fighting happening on the business scene nowadays, with Proton-Fernandes and AirAsia-Tiger this year. In 2011, there will be a heat battle between YTL Comms and Astro , taking on the local broadcasting field by storm. Proton vs Fernandes   AirAsia vs Tiger Airways Business Times reported that YTL Communications Sdn Bhd planning to launch a hybrid TV by end of 2011, with many industry observers wondered how it is going to break the exclusive screening rights that satellite TV giant Astro holds with various TV content providers. " If you think you can do a monopolistic thing and control everything, I'm sorry, that era is gone . The game is over " said Tan Sri Dr Francis Yeoh, managing director of YTL Corp Bhd and executive chairman of its telecommunications arm, YTL Comms. YTL Comms is going to collaborate with US-based Sezmi Corporation to deploy hybrid TV services in Malaysia and Asia Pacific, which will combine digital TV broadcast technology with YTL's f...